SHENZHEN, China - Wednesday, May 23rd 2012 [ME NewsWire]
(BUSINESS WIRE)-- ZTE Corporation (“ZTE”) (H share stock code: 0763.HK / A share stock code: 000063.SZ), a leading global provider of telecommunications equipment and network solutions, today announced it signed an LTE network expansion contract with CSL Limited (CSL), Hong Kong's leading mobile operator.
As part of the contract, ZTE will construct an extensive network of new base stations for CSL. In addition, ZTE will deploy its newest Uni-RAN-based, LTE-A-scalable R8884 base station for the first time. This is a significant step for CSL’s LTE network roadmap for the evolution of next-generation networking.
CSL launched Hong Kong’s first LTE network in 2010, which currently spans over 90% of Hong Kong.
The deployment of the R8884 will help CSL manage the increasing demand for network capacity due to the continuing growth in mobile broadband customers. It will allow the company to run LTE services on both 2600 MHz and 1800 MHz, which greatly enhances LTE coverage for indoor broadband customers in Hong Kong. Furthermore, the R8884 is scalable to LTE-A at no cost. Because of this, CSL will be able to seamlessly integrate its GSM, UMTS and LTE networks and its network management tool. This will reduce network maintenance costs and increase operation efficiency.
“CSL strives to deliver the best user experience to Hong Kong customers,” said CSL Chief Executive Officer, Joseph O’Konek. “Combined with our roll-out of the first 4G LTE network in Hong Kong, ZTE’s innovative solutions will help satisfy the increasing demand for mobile data, maintaining CSL’s and Hong Kong’s position as leaders in global telecommunications development.”
Telstra International Group, Group Managing Director Tarek Robbiati added, “We’re pleased to have ZTE bring its top-tier LTE network technology to Hong Kong. This will help us achieve our goal of bringing innovative technology to clients and creating a richer communications and entertainment experience for users.”
“We’re honored to work with CSL on the construction and expansion of its LTE network,” ZTE CEO Shi Lirong. “We too, are passionate about CSL’s goal of creating advanced technologies and comprehensive network coverage, resulting in a world-class user experience. The unique geography of Hong Kong makes it one of the most challenging environments for large-scale network deployment. The flexibility of the R8884, however, will ensure that CSL’s network becomes more efficient, creating an improved experience for its customers.”
ZTE is a global leader in wireless network solutions. Its Uni-Ran solutions have been deployed by over 150 operators worldwide. As of the end of December 2011, ZTE had won 30 commercial LTE contracts, and worked with more than 100 operators to deploy experimental LTE networks.
About ZTE
ZTE is a publicly-listed global provider of telecommunications equipment and network solutions with the most comprehensive product range covering virtually every telecommunications sector, including wireless, access & bearer, VAS, terminals and professional services. The company delivers innovative, custom-made products and services to over 500 operators in more than 140 countries, helping them to meet the changing needs of their customers while growing revenue. In 2011, ZTE’s revenue increased by 29 per cent to USD13.7 billion. Its overseas operating revenue grew 30 per cent to USD 7.4 billion during the period, accounting for 54.2 per cent of overall operating revenue. ZTE commits 10 per cent of its annual revenue to research and development and has leadership roles in several international bodies devoted to developing telecommunications industry standards. ZTE is committed to corporate social responsibility and is a member of the UN Global Compact. The company is China’s only listed telecom manufacturer that is publicly traded on both the Hong Kong and Shenzhen Stock Exchanges (H share stock code: 0763.HK / A share stock code: 000063.SZ). For more information, please visit www.zte.com.cn.
Contacts
ZTE Corporation
Margrete Ma, +86 755 26775207
ma.gaili@zte.com.cn
ZTE Corporation
Margrete Ma, +86 755 26775207
ma.gaili@zte.com.cn
Andres Vejarano, +852 2837 4735
andres.vejarano@edelman.com
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